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Oyo State Government and IBEDC Lock Horns Over Unpaid Debt

IBEDC

The Oyo state government has sealed off offices of the Ibadan Electricity Distribution Company after the IBEDC disconnected the state secretariat power supply for unpaid bills.

The IBEDC has condemned the government’s action describing it as an unfair show of power and arm-twisting tactics instead of paying the outstanding bill totaling $450 million owed to the disco.

On the contrary, the Oyo State government has said in a statement that its action to seal off some of the IBEDC offices was not a form of retaliation but was due to the IBEDC’s refusal to pay tax revenue to the tune of $400 million owed to the state over the past two years.

The Chief Operating Officer of the IBEDC, John Ayodele said that the company had made several failed attempts to get the government to settle its debt which is spread across a period of three years. In his statement addressing the situation, Ayodele said;

“The management of Ibadan Electricity Distribution Company (IBEDC) hereby informs its esteemed customers of the retaliatory and illegal action of Oyo State Government over the issue of its huge indebtedness.

“This issue of revenue bills and personal income arising now is quite suspicious. Oyo State Government is owing IBEDC a whopping consumption outstanding of N450 million for over a period of three years.”

“No business in this country can run successfully with such a huge outstanding. The power we distribute to customers must be accounted for and paid for. We have no choice but to disconnect the Oyo State secretariat. So, it is worrisome to see that the government has sealed off our offices with this underhand and arm-twisting tactics instead of paying the debt owed.”

“This was not done in good faith and it would have a damaging effect on the business and service delivery to our customers.”

Oyo State Responds To The IBEDC’s Claim

The Oyo state government issued a response to the IBEDC’s claims through a statement signed by the Commissioner for Information, Culture, and Tourism, Dr. Wasiu Olatubosun.

Without admitting whether or not the state was indeed owing a debt to the IBEDC, the Commissioner said that a high court order was obtained to seal IBEDC’s offices due to its refusal to pay bills issued by the board of internal revenue services.

“It is important for everyone to remember that it is the duty of all, individuals and businesses, to pay taxes and levies,”  Olatubosum said. “Without these payments, the government cannot provide basic necessities and perform necessary functions. Therefore, IBEDC like any other business interest, should do the needful and meet its revenue obligations. This is the stand of the government and we seek the understanding of the people not to be misled by those who trade in falsehood.”

Read Also: ABSU Bans Students From Driving Personal Cars To Campus

The state IRS Chairman, Mr. Femi Awakan in another statement said that the state had applied for the warrant in order to enforce payment of its tax. “It is to be noted that the IBEDC has a statutory obligation to deduct and remit revenue bills to the government of Oyo State through the Board of Internal Revenue,” Awakan said.

“It is also to be noted that the distribution company failed to remit personal income tax of its employees within the period under review and that the Board of Internal Revenue several times served requisite demand notices calling attention to the company’s tax liabilities/obligations.”

The management of the IBEDC has called on the governor, Seyi Makinde to step into the situation in order to ease power challenges already being faced by residents and businesses across the state.

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Entertainment

Bovi To Replace IK Osakioduwa as hosts for 12th edition Of AMVCA, Ending 11-year Run

After eleven consecutive editions under the same host, the Africa Magic Viewers’ Choice Awards is changing the face of its stage.

The organisers have announced Nigerian comedian and actor Bovi Ugboma and South African actress Nomzamo Mbatha as co-hosts for the 12th edition, scheduled for May 9, 2026, at the Eko Hotel and Suites in Lagos, bringing to a close IK Osakioduwa’s unbroken run as the face of the ceremony since its debut in 2013.

Osakioduwa has been a fixture of the AMVCA since the awards launched, hosting every edition across more than a decade. His departure from the role marks the most significant change to the ceremony’s presentation since its inception.

In his place steps Bovi, one of Nigeria’s most recognised stand-up comedians, known for his sharp wit, storytelling, and stage command. Joining him is Nomzamo Mbatha, whose profile extends well beyond the screen. The actress, producer, and UNHCR Goodwill Ambassador gained international recognition through her role in Coming 2 America and currently stars as Queen Nandi in the acclaimed epic drama series Shaka iLembe, for which she also serves as Executive Producer.

The organisers described the pairing as “a master of wit and narrative, and a global icon of screen and advocacy,” promising a night where “mastery meets African excellence.” Bovi, speaking on his appointment, made clear he understands the significance of the occasion.

“The AMVCA stage is one of the biggest in Africa, and I don’t take that lightly,” he said. “I want to bring the energy, the laughs, and the magic that this night deserves. African storytelling is at an all-time high, and it’s an honour to be the one holding the mic while we celebrate the best of it.”

Veteran actress Joke Silva has been named head judge for the 12th edition.On the nominations front, Gingerrr and The Herd lead the pack with nine nods each across acting, directing, and technical categories. To Kill A Monkey follows with eight nominations, while My Father’s Shadow, from the Davies brothers, earned seven across various categories.

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Celebs

One Half Of The Estranged Duo P-Square Declares Nov 30 as his new birthday

Mr P has officially moved his birthday celebration from November 18 to November 30, adding a new layer to the ongoing P-Square family feud. What began as a social media declaration has now been formalised. A few hours after announcing his intention to change his birthday date, Peter Okoye, known professionally as Mr P, has issued an open letter confirming that November 18, the date he has shared with his twin brother Paul Okoye since birth in 1981, is no longer his day of celebration.

“Dear Family, Friends, and Fans,” the post read. “I’m making it official. November 18th is no longer my birthday celebration date. Please note that I will not be accepting any messages or gifts on that day. My birthday will now be celebrated on November 30th. This is a personal decision, and I truly appreciate your understanding.”

The message is brief, but its implications are quite clear. November 18 has long been one of the last remaining public symbols of a shared identity between two brothers whose professional and personal relationship has deteriorated sharply over the past several years.

By formally reassigning the date, Peter is drawing a line that goes beyond creative differences or business disputes.

The reaction from Nigerians online has been largely sceptical.

Many have questioned the necessity of the gesture, with a significant number describing it as petty and unnecessary given the more substantive issues that have defined the brothers’ current estrangement.

The consensus among critics is that changing a birthday date does little to resolve any of the actual grievances and serves mainly as a public statement of severance.

The feud between Peter and Paul Okoye has now spanned multiple years, two official splits, a brief reunion, and a growing list of public accusations on both sides. November 30 is still months away. To see if the gesture will land as true liberation or just pettiness may depend entirely on where things stand by then.

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News

I Took Over From Myself’: Tinubu’s Claims that He and Buhari Are ‘One’

President Bola Tinubu addressed supporters on Wednesday night in a video that was equal parts pep talk and provocation, but it was one particular line that cut through everything else and set social media alight.

Speaking to the leadership and coordinators of his Renewed Hope Ambassadors, Tinubu pushed back against the criticism that his administration inherited and worsened an already broken economy.

His defence took an unexpected turn. “This economy, I didn’t have to look back because the truth is, I took over from myself,” he said. “The late Buhari is me, he was a partner, if I took over from him, is that not from myself? So, it’s wrong? Fine. Live with it, correct it, move on.

Nigerians online did not move on, at least not immediately. The comment, which appeared to collapse the distinction between his administration and Muhammadu Buhari’s, drew a flood of reactions ranging from genuine bewilderment to sharp mockery.

For critics who have spent two years arguing that Tinubu’s government is a continuation of the same policies that drove Nigeria into economic hardship, the president had essentially handed them their argument in his own words.

The broader address, shared to his official page at 10:38 pm alongside a roughly ten-minute video, was deliberately combative.

Tinubu took aim at the opposition, dismissing the recently held ADC convention as “a street convention” and its energy as mere “rascality.”

He warned that his government would not yield to noise or disobedience of court orders, while also promising supporters that standing with him would not be a decision they would regret.

At one point, he told the ambassadors, “That is why we have told you to renew their hope”, drawing laughter from the audience. He added that for those unwilling to embrace the hope on offer, they would simply provide “eyeglasses.” It was the kind of line that plays well in a room full of loyalists and poorly everywhere else.

The overall message he tried to convey was that he would not be retreating, would not be apologising, and was not particularly interested in critics.

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